DEPARTMENT - MANAGEMENT STUDIES

Course Pack
FOR
INDIAN FINANCIAL SYSTEM-BBA433

BBA433 - INDIAN FINANCIAL SYSTEM

Total Teaching Hours For Semester : 70 Total Teaching Hours For Semester : 5

Max Marks : 100 Credits : 4

Course Objectives/Course Description:

● To study about the money market and capital market operations
● To understand the functions of various financial institutions.
● To study about various financial services
● To understand about international financial markets.
● To understand about the regulatory bodies.
Learning Outcome
Students will be able to comprehend each and every updates in the financial system with its impacts.
Unit-1 Teaching Hours:10

Introduction to financial system

Level of Knowledge: BasicMeaning-Structure- Functions-Components of financial system-Financial system and
economic development- Reforms in Financial Sector in India
Unit-2 Teaching Hours:10

Capital Market
Level of Knowledge: ConceptualMeaning –Classification- Functions- Types-Primary market-Secondary market-
functioning of various stock exchanges-NSE, BSE, OTCEI- Financial instruments in capital market- Long term loans
market- Derivatives Market- Government Securities market- Capital market scams-SEBI-Reforms in capital markets
Unit-3 Teaching Hours:12

Money Market
Level of Knowledge: ConceptualMeaning-Significance-Structure-Features of money market—Money market
instruments-Reforms in money market-RBI-Functions-Monetary policy-Credit Policy
Unit-4 Teaching Hours:13

Financial Institutions
Level of Knowledge: ConceptualMeaning- Functions-Banking institutions-Scheduled commercial banks and
scheduled cooperative banks-Non Banking Institutions-NBFCs and Development Finance institutions-Insurance and
Housing Finance Companies -IRDA
Unit-5 Teaching Hours:14

Financial Services
Level of Knowledge: ConceptualMeaning-Types-Leasing- Hire purchase- Mutual funds- Factoring -Credit rating-
Venture Capital-Recent developments in financial services industry.
Unit-6 Teaching Hours:11
International Financial Markets
Level of Knowledge: ConceptualNature, Organization and Participants- Offshore Financing Instruments- Foreign
Exchange market.
Text Books And Reference Books:
1) Desai, V. (2010).Indian Financial System. Mumbai: Himalaya publishers. 2) Gordon, N. (2014). Indian
Financial System. Mumbai: Himalaya publishers.3) Khan, M.Y. (2009). Indian Financial System . New Delhi:
McGraw-Hill.4) Sharma, G. (2014). Indian Financial System. Ludhiana: Kalyani publishers.5) Singh, P. (2010).
Dynamics of Indian Financial System: Markets, Insituttions and Services, ANE Books
Essential Reading / Recommended Reading:
Pathak, B. (2013).Indian Financial System . New Delhi: Pearson education
Evaluation Pattern
1

Course Plan
Class Name : 4BBAB Subject Name : INDIAN FINANCIAL SYSTEM

Subject Code : BBA433 Teacher Name : JAYANT.KALGHATGI

No of
Planned Date Unit Heading Details Method Reading/Ref
Hours
02/11/2017 Introduction to Introduction to Financial Pathak, B. (2013).Indian Financial System . New
04/11/2017 2.00 Unit-1 Lecture
financial system system ?structure Delhi: Pearson education.
06/11/2017 Introduction to Components of Indian Pathak, B. (2013).Indian Financial System . New
11/11/2017 4.00 Unit-1 Lecture
financial system Financial system Delhi: Pearson education.
Financial system and
13/11/2017 Introduction to economic development- Pathak, B. (2013).Indian Financial System . New
18/11/2017 5.00 Unit-1 Lecture
financial system Reforms in Financial Delhi: Pearson education.
Sector in India
Capital market: Meaning
,classification of capital
market- functions-Types- Lecture, Video
20/11/2017 primary market- lessons, Discussion,
25/11/2017 5.00 Unit-2 Capital Market www.nse.com www.bse.com
secondary markets Website study and
Functioning of various group discussion
stock exchanges-
NSE,BSE,OTCEI
Financial Instruments in
Capital market - Case study
Government securities Discussion of harshad
27/11/2017 market Long term loans Mehta scam www.sebi.com Pathak, B. (2013).Indian Financial
02/12/2017 5.00 Unit-2 Capital Market
market, Derivatives Discussion on the System . New Delhi: Pearson education.
market Capital market functions of SEBI from
scams-SEBI-Reforms in the SEBI website
capital markets
Meaning-Significance of
04/12/2017 money market-structure- Pathak, B. (2013).Indian Financial System . New
09/12/2017 5.00 Unit-3 Money Market Lecture
Features of money Delhi: Pearson education.
market
Money market Data collection and
11/12/2017 Pathak, B. (2013).Indian Financial System . New
16/12/2017 5.00 Unit-3 Money Market instruments-Reforms in discussion by
Delhi: Pearson education.
Money market students in the class
RBI website study
RBI- Functions - Discussion on various
18/12/2017 5.00 Unit-3 Money Market Monetary policy- credit actions taken by RBI www.rbi.com
23/12/2017
policy against banks (case
specific)
25/12/2017 Christmas Holidays
30/12/2017
Discussion based on
Financial institutions:
the research paper on
Meaning-Functions-
financial institutions
Banking institutions-
Identifying the leading
01/01/2018 Financial scheduled commercial Pathak, B. (2013).Indian Financial System . New
06/01/2018 5.00 Unit-4 NBFCs and group
Institutions banks and scheduled Delhi: Pearson education.
discussion based on
cooperative bank non
their major areas of
banking institutions-
operations from the
NBFCs
collected data Lecture
Initial class discussion
on the significance of
Financial development finance development finance Pathak, B. (2013).Indian Financial System . New
08/01/2018 5.00 Unit-4
13/01/2018 Institutions institutions- institutions. Study of Delhi: Pearson education.
the various
development finance
institutions websites
 and identifying the
functions, significance
and major financing
projects
15/01/2018 Mid-semester
20/01/2018 Examination
Video presentation on
IRDA Discussion on
the role of IRDA
22/01/2018 Financial insurance and housing Detailed analysis of www.irda.com www.lic.com www.gic.com
27/01/2018 1.00 Unit-4
Institutions finance companies-IRDA the various insurance www.nationalinsurance.com
companies and their
nature from the
respective websites
29/01/2018 Financial Services: Pathak, B. (2013).Indian Financial System . New
03/02/2018 5.00 Unit-5 Financial Services Lecture
Meaning-types leasing Delhi: Pearson education.
Lecture, Discussing
the process of credit
hire purchase Mutual
05/02/2018 rating followed by
10/02/2018 5.00 Unit-5 Financial Services Funds Factoring credit www.crisil.com
CRISIL based on the
rating
resources from their
official website
venture capital recent News analysis News
12/02/2018 developments in analysis to identify the Pathak, B. (2013).Indian Financial System . New
17/02/2018 5.00 Unit-5 Financial Services
financial services updates from the Delhi: Pearson education.
industry industry
International Financial
19/02/2018 International Markets Nature, Lecture and article Pathak, B. (2013).Indian Financial System . New
24/02/2018 5.00 Unit-6
Financial Markets Organization and review Delhi: Pearson education.
Participants
26/02/2018 International Offshore Financing Pathak, B. (2013).Indian Financial System . New
03/03/2018 5.00 Unit-6 Lecture
Financial Markets Instruments Delhi: Pearson education.
05/03/2018 International Foreign Exchange Video lessons, Pathak, B. (2013).Indian Financial System . New
10/03/2018 3.00 Unit-6
Financial Markets market Lecture Delhi: Pearson education.

CIA 1
Component/Task 1
CIA Details
Compare and Contrast the Money Market and Capital Market Instruments of Emerging MarketsThe students
should compare and contrast the money market and capital market instruments of any three emerging market
economies. Also highlight on legal framework, regulations, operational procedures and process, and contribution
towards economic development in last 3 years. Select any four instruments from each market.• Should be 5 to 7
pages, double spaced• Use 10 through 12 point fonts• Use 1" top, bottom, right and left margins• Report
Format:Background, Methodology, Compare and Contrast (Tabular and Graph) selected financial instruments,
Analysis and Discussion, Reference (APA 6th edition).This is an invidual assignment.
CIA Details will display form 20/11/2017
Learning Objective
Assignment Learning Objectives:1. To compare and contrast the different money market and capital market
instruments of emerging market economies.2. To analyse the contribution of money market and capital market
instruments towards economic development. Assessment Strategies aligned to LO: Report submission
Technology Tools used along with their Purpose:Moodle
Assignment Learning Objectives:1. To compare and contrast the different money market and capital market
instruments of emerging market economies.2. To analyse the contribution of money market and capital market
instruments towards economic development. Assessment Strategies aligned to LO: Report submission
Technology Tools used along with their Purpose:Moodle
Evaluation Rubrics
Needs
Exemplary(5 Proficient(4 Marginal Marks
Criteria Improvement Unacceptable (1 Marks)
Marks) Marks) (3Marks)
(2 Marks)
Developme · Clearly · Mostly · Vaguely · Lack · Mostly fails to
nt and communicates communicat communicat communicati communicate
Purpose purpose es purpose es purpose on for purpose
· Clearly · Identifies · Does not specified · Does not
5
identifies and and identify or purpose identify or
fully develops develops develop · Does not develop most ideas/
all main some main identify main themes
ideas/themes ideas/theme ideas/theme ideas/theme Mostly fails to establish and
 · Establishes s, but may s
and maintains lack clarity · Focus is
s
clear focus or depth vague and
· Lack of
· Establishe not fully maintain focus
focus on
s focus but maintained
subject line
not fully
maintained
Organizatio · Clearly and · Consisten · Frequently
n of the consistently tly does not
report organizes organizes organize
ideas ideas, but ideas;
· Effectively structure structure is
structures and may be formulaic or
orders formulaic or unsophisticat · Vague
paragraphs unsophistica ed organize of
· Links ideas ted · Often ideas;
with smooth · For the does not inappropriat · Does not organize
and effective most part structure or e structure ideas
transitions effectively order · No order · For the most part,
5
structures paragraphs in does not structure or
and orders · Links paragraphs order paragraphs
paragraphs some ideas, · Transition · Does not link ideas
· For the but s of ideas
most part, transitions are missing
effectively are missing or unclear
links ideas or unclear
but
transitions
may be
unclear or
ineffective
Data · Uses · Mostly · Uses · Uses · Does not use
integration credible uses some v a g u e credible sources
and sources credible credible sources for · Does not use source
Discussion · Integrates sources sources d a t a material or data
source · Integrates · Includes compilation · Fails to incorporate
material and most source but does not · Inappropri appropriate visual aids
data material and integrate a t e · Fails to cite and
seamlessly data into source integration document references
into body of body of text material and of sources and sources
text · Effectively data into of material
5
· Incorporates incorporates body of text and data
sophisticated appropriate · Incorporat · No proper
visual aids visual aids es some visual aids
that enhance · Mostly appropriate · Insufficien
understanding cites and visual aids t citation
· Appropriatel documents · Occasiona a n d
y cites and references lly cites and documents
documents and sources documents f o r
references references reference
and sources and sources

Component/Task 2
CIA Details
Examine the news headlines related to Reserve Bank of India and identify the powers of RBI as a regulatory
authority by analyzing the scenarios in which RBI has taken actions against the banks in India (Individual activity)
CIA Details will display form 04/12/2017
Learning Objective
Assignment Learning Objectives:1.To Analyze the role of RBI in Indian banking system2 To Examine the
various real industry cases and identify the actions taken by RBI to bring the situation under control3 To Combine
the results and develop an understanding about the powers of RBIAssessment Strategies aligned to LO:
Assignment Submission-MoodleTechnology Tools used along with their Purpose: Moodle
Assignment Learning Objectives:1.To Analyze the role of RBI in Indian banking system2 To Examine the
various real industry cases and identify the actions taken by RBI to bring the situation under control3 To Combine
the results and develop an understanding about the powers of RBIAssessment Strategies aligned to LO:
Assignment Submission-MoodleTechnology Tools used along with their Purpose: Moodle
Evaluation Rubrics
CATEGOR
Y 5 4 3 2 1
content Defining the Defining the Defining the Defining the Defining the role of
role of RBI as role of RBI as role of RBI as role of RBI as RBI as the central
the central bank the central bank the central the central bank of the country
of the country of the country bank of the bank of the and listed out 2 the
and bring out at and bring out at country and country and powers without proper
least 8 powers least 6 powers bring out at bring out at supporting facts.
of RBI with of RBI with least 4 least 2
supporting real supporting real powers of RBI powers of
bank cases bank cases with RBI but the
explaining the explaining the supporting cases
situation-what situation-what real bank presented as
went wrong and went wrong and cases supporting
how RBI had how RBI had explaining the evidence
taken the taken the situation-what were not
action-what was action-what was went wrong sufficient
the impact of the impact of and how RBI
this action etc. this action etc. had taken the
action-what
was the
impact of this
action etc.
Mechanics Information and Information and Information Information The sources are not
of writing graphics are graphics are and graphics and graphics mentioned. But the
accurately accurately are accurately are document is free from
documented documented but documented, accurately grammatical and
and the sources the sources are but a few are documented, spelling errors.
should be not mentioned not in the but many are
mentioned in in APA format. desired not in the
APA format. The content format. The desired
The content should be free document is format.
should be free from having errors
from grammatical in terms of
grammatical and spelling grammar/spell
and spelling errors. ing/content.
errors.
Quality of Information Information Information Information Information has little
Information clearly relates clearly relates clearly relates clearly or nothing to do with
to the main to the main to the main relates to the the main topic.
topic. It includes topic. It includes topic. but the main topic.
several several supporting No details
supporting supporting details are not and/or
details and/or details and/or sufficient. The examples are
examples. The examples. The analysis of the given. The
news headline news headline news is not analysis part
has been has been done in the is also not
properly properly proper way sufficient.
analyzed and analyzed and even though
the role of RBI the role of RBI the powers of
in the case has in the case has RBI have
been properly been properly been listed.
identified and identified but
explained. the explanation
given is not
sufficient.
CIA 3
Component/Task 1
Learning Objective
Assignment Learning Objectives:• This Assignment will enable the students :
1. To Identify the various financial services prevalent in India
2. To Evaluate and propose changes in the strategies adopted in the various financial services taking
into consideration the future implications of these strategies
Assessment Strategies aligned to LO:Reports and presentation Technology Tools used along with
their Purpose: N/A
Assignment Learning Objectives:• This Assignment will enable the students :
1. To Identify the various financial services prevalent in India
2. To Evaluate and propose changes in the strategies adopted in the various financial services taking
into consideration the future implications of these strategies
Assessment Strategies aligned to LO:Reports and presentation Technology Tools used along with
their Purpose: N/A
Evaluation Rubrics
Parameters Exemplary(3 Marks) Proficient(2 Marks) Marginal(1Mark)

Is the writer objective? • Clearly communicates • Mostly • Vaguely communicates

purpose
• Clearly identifies and
fully develops all • Identifies and
ideas/themes
• Establishes and
maintains clear focus
Is the article organised • Clearly and • Consistently
and readable? consistently organizes
ideas
• Effectively structures
and orders paragraphs
• Links ideas with • For the most part
smooth and effective
transitions
Is the vocabulary • Uses credible sources
appropriate, visual aids • Integrates source
included and documents material and data
cited? seamlessly into body of
text
• Incorporates
sophisticated visual
aids that enhance
understanding
• Appropriately cites and
documents references
and sources
Is the business concepts • Identifies and
communicates purpose
purpose • Does not identify or
develop some main
develops main ideas/themes
ideas/themes, but • Focus is vague and not
may lack clarity or fully maintained
depth
• Establishes focus
but not fully
maintained
• Frequently does not
organizes ideas, but organize ideas; structure
structure may be is formulaic or
formulaic or unsophisticated
unsophisticated • Often does not structure
or order paragraphs
effectively structures • Links some ideas, but
and orders transitions are missing or
paragraphs unclear
• For the most part,
effectively links ideas
but transitions may
be unclear or
ineffective
• Mostly uses credible • Uses some credible
sources sources
• Integrates most • Includes but does not
source material and integrate source material
data into body of text and data into body of text
• Effectively • Incorporates some
incorporates appropriate visual aids
appropriate visual • Occasionally cites and
aids documents references
• Mostly cites and and sources
documents
references and
sources
• Identifies and • Identifies or describes
innovative to the describes appropriate describes some some appropriate
Managerial Response? business concepts appropriate business business concepts
• Demonstrates creative concepts • Mainly lacks creative or
and innovative thought • Provides some innovative thought
• Uses appropriate creative or innovative • Either outside sources
balance of outside thought or independent thought
sources and • Achieves general clearly outweighs the
independent thought balance of outside other
• Reaches clear sources and • Reaches some vague
conclusions supported independent thought conclusions that are not
with sound reasoning • Reaches and clearly supported
supports conclusions
but some detail
and/or reasoning not
clear

Is the mechanics of the • Makes virtually no • Makes few • Makes occasional

article appropriate?
grammar, punctuation, grammar, grammar, punctuation, or
or spelling errors punctuation, or spelling errors; these
spelling errors; these may be distracting to the
are not distracting to reader
the reader

Component/Task 2
Learning Objective
Assignment Learning Objectives:This assignment would enable the students to:
2.1- Buy / sell / short sell / buyback shares in various companies. The up and down price movements are
based on the price event cards drawn for each student.2.2- the student will also have their personal event
cards based on which they decide to buy / sell / short sell / buyback shares, and build their virtual wealth.
Assessment Strategies aligned to LO:Report and presentationTechnology Tools used along with
their Purpose:
Assignment Learning Objectives:This assignment would enable the students to:
2.1- Buy / sell / short sell / buyback shares in various companies. The up and down price movements are
based on the price event cards drawn for each student.2.2- the student will also have their personal event
cards based on which they decide to buy / sell / short sell / buyback shares, and build their virtual wealth.
Assessment Strategies aligned to LO:Report and presentationTechnology Tools used along with
their Purpose:
Evaluation Rubrics
CIA – 3.2M o c k s t o c k – A g a m e Strong conceptual Buy / sell / short sell /As a player the 15 Marks
modelled on stock exchange clarity will lead to buyback shares in student will also
which takes the student over more wealth creation various companies. have their
the moves of share in the game. The up and down personal event
transactions. This captures
price movements are cards based on
the excitement of making
based on the price which they
money on the stock market
adding an element of event cards drawn fordecide to buy /
fun.Students will be given a each student. sell / short sell /
funding of 10 lakhs buyback
shares, and
build their
wealth.

CATEGOR
Y 5 4 3 2 1
Selection of Selection of Selection of Selection of Selection of Selection of
stocks appropriate appropriate appropriate appropriate appropriate stocks
 stocks and a stocks and a stocks and a stocks and a
detailed report detailed report detailed report detailed
on their on their on their report
fundamentals fundamentals fundamentals
and technical specifically and technical
charts – diversified charts
specifically portfolio.
diversified
portfolio.

Volume Volume Volume Volume traded 1 lakh

traded Volume traded volume traded traded 25 traded 10 to to 5 lakh
75 Lakhs to 1 above 50 Lakhs Lakhs to 50 5 Lakhs
crore to 75 Lakhs Lakhs

Profit Profit of above Profit of above Profit of Profit of Profit of 0-10000

40000 30000 above 20000 above 10000